FTX comedy and might be another exchange that bites the dust?

[Rikafip]

Anyone saw Tucker Carlson's SBF interview that was released yesterday?

I didn't have time yet to watch it completely (its not that long though, ~45 minutes) but I plan to watch it tonight, but I did see some bits and it looks like he and Diddy are buddies. 

[bbc.reporter]

@Rikafip. Yes, I watched. According to some news updates on social media, Sam was sent to solitary confinement for the interview because no one gave him permission to do this heheheheheeh.

Also, yes. He said Diddy is nice to him hehehe.

In any case, it appears that Sam might have saved the cryptospace market from Trump if he did not go to prison heheheeh. This is an old article.



Sam Bankman-Fried, the alleged crypto criminal who stands accused of masterminding one of the biggest financial frauds in U.S. history, was considering paying Donald Trump $5 billion not to run for president, according to best-selling author Michael Lewis.

Read in full https://www.cnbc.com/2023/10/02/sam-bankman-fried-considered-paying-trump-5-billion-not-to-run-lewis.html

[Z-tight]

I didn't have time yet to watch it completely (its not that long though, ~45 minutes) but I plan to watch it tonight, but I did see some bits and it looks like he and Diddy are buddies.  

I have watched ~ 20-25 minutes of it, and i may or may not go back to complete it. Tucker was asking really stupid questions in my opinion, starting the interview with 'where are you?' really cracked me up, where else would he be, of course in jail, lol. I also think asking about Diddy was stupid.

Sbf said he enjoys playing chess with other prisoners, so i guess it is not all gloom. He kept pointing out how he donated to the Republican party in secret, as much as he did the Democrats, is that to get in Donald Trumps good books for a pardon, lol.

[bbc.reporter]

@Z-tight. On telling Tucker that he donated money to the Donald, I reckon this is not mentioned to get a pardon. Sam was only telling the truth on what was happening on 2022 before the failure of FTX. Sam has also mentioned that if they were loaned the money that they needed for their cashflow, FTX would have survived and continued serving their customers. I cannot be certain if we can agree on this, however, there was an article before that mentioned FTX would have a positive balance sheet on 2023, after the market recovered, if the exchange survived.

The speculations that CZ killed FTX might be true when CZ caused FUD and dumped FTT hehehehe. CZ the FTX killer, what is the next competitor that will be killed?

[Z-tight]

@Z-tight. On telling Tucker that he donated money to the Donald, I reckon this is not mentioned to get a pardon. Sam was only telling the truth on what was happening on 2022 before the failure of FTX.

I don't really care if he is telling the truth or not, my point is that what is popular is that he donated so much money to the Democrats, i only learnt about his donation to the Republicans through this interview with Tucker. Since he is bringing it up now that he is in jail and a Republican is in power, it makes sense to ask what the motive is.

Sam has also mentioned that if they were loaned the money that they needed for their cashflow, FTX would have survived and continued serving their customers.

Do you mean after he misappropriated billions in customer funds? So any ceo can blow up customer funds and then request loans to keep their service afloat, smart thing to do eh?

[bbc.reporter]

It appears that we might witness the return of Su Zhu and Kyle if they win this case or lose it hehehehe. If they win the case, they will receive $1.5 billion, however, if they lose this, they will receive only $284 million. We can be quite certain that this is enough for a comeback on their former status as one of the biggest hedgefunds in the cryptospace heheheheh.



Collapsed hedge fund Three Arrows Capital wants more than $1.5 billion from the FTX estate, but the exchange says the claim is built on fantasy and failed trades.

In a 94-page objection filed in Delaware bankruptcy court on Friday, the FTX Recovery Trust asked the judge to disallow Three Arrows’ claim in full.

It argues the claim is “unreasonable and unsupportable” and based on a misreading of the hedge fund’s actual account balance at the time of its collapse in mid-2022.

According to the filing, Three Arrows’ claim hinges on the idea that it held nearly $1.6 billion in digital assets on FTX when the crypto exchange collapsed in late 2022.

But FTX says the account was actually worth just $284 million in June 2022, a figure that already included more than $733 million in margin debt.

Read in full https://www.dlnews.com/articles/markets/ftx-seeks-block-3ac-billion-claim-fund-fumbled-trades-debt/

[NotATether]

It appears that we might witness the return of Su Zhu and Kyle if they win this case or lose it hehehehe. If they win the case, they will receive $1.5 billion, however, if they lose this, they will receive only $284 million. We can be quite certain that this is enough for a comeback on their former status as one of the biggest hedgefunds in the cryptospace heheheheh.

So if they win, they get money.

But if they lose, they also get money. 

Gotta love venture capitalists you know! They always find a way to make money.

[bbc.reporter]

@NotATether. It was their money used to trade in FTX, this was taken from them and sent by Sam Bankrupt Fraud to Alameda Research where his girl friend Caroline used this to trade FTT amd other tokens in their balance sheet on leverage hehehehe. The leverage where they used customer funds including Su Zhu and Kyle's funds hehehe.

I very much wish they receive their money. The people on social media were very cruel to Su Zhu where they took pictures of his house and shared this for everyone to see where he lives. This is very headshaking behavior.